Multi-Suite Office
For Sale
$359,900
2 & 6 Chestnut Street, Pennsville, NJ 08070
Two-building office property with three rental suites, paved parking, and recent exterior and interior updates.
Property Size2,900 SF
Price / SF$124.10
Days on Market225
Property Features for 2 & 6 Chestnut Street
General Information
Standard status
Active
Size
2,900 SF
Total Parking Spaces
9
Property subtype
Office
Additional Details
Office Units
3
Taxes and HOA fees
Annual Taxes
$13,974
Amenities
Central Air, A/C - Zone, Wall Air Conditioning
3
Marble, Vinyl, Other, Carpet
Carbon Monoxide Detector
Composition Shingle
04
Parking. Corner Lot.
Off Site, Driveway, Lighted, Lot.
Level
50.00 x 175.00
Suburban, Corner, Asphalt, State Road, Level.
Building Details
Year Built
1972
Stories
2
Tenancy
Multi
Listing Agency:
Mahoney Realty Pennsville, LLC
(609) 420-2029
Listed By:
David Wright · License #8735385
(609) 420-2029
Source:
Xome
Added: Jan 11
Changed: Aug 23
Last Checked: Aug 22 at 9:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mahoney Realty Pennsville, LLC
Investment Insights
Based on property information with market context.
The property includes two separate office buildings, comprised of a two-story main building with three rental suites and a separate rear building. The main building’s first floor features approximately 1,200 square feet with a reception area, three private offices, storage, and a private rest room, and that suite has its own HVAC system. The second floor includes two suites, each with a reception area and two private offices, with the suites sharing a common bathroom. The rear building contains one large open area with its own restroom, served by electric baseboard heat and a wall A/C unit.
A paved parking lot with nine spaces and nighttime lighting services the property, and the lawn includes a sprinkler irrigation system. Recent updates include a new roof on the main building in 2019, new windows on the second floor, luxury vinyl flooring in unit C and in the rear building, and a new front door with dual sidelights. Two natural gas lines have been installed in anticipation of converting heaters from fuel oil to natural gas. Unit A in the main building is currently vacant, and the property currently reports combined rental income of $3,925 per month.
Possible uses noted for the building include business office, attorney’s office, insurance office, and doctor’s office. Showings require 48 hours’ notice.
A paved parking lot with nine spaces and nighttime lighting services the property, and the lawn includes a sprinkler irrigation system. Recent updates include a new roof on the main building in 2019, new windows on the second floor, luxury vinyl flooring in unit C and in the rear building, and a new front door with dual sidelights. Two natural gas lines have been installed in anticipation of converting heaters from fuel oil to natural gas. Unit A in the main building is currently vacant, and the property currently reports combined rental income of $3,925 per month.
Possible uses noted for the building include business office, attorney’s office, insurance office, and doctor’s office. Showings require 48 hours’ notice.
Key Highlights
- Two‑building commercial office property built in 1972 with 3 rental office suites plus a rear building space
- Main building includes first‑floor suite (~1,200 SF) with reception, 3 private offices, storage, and private rest room; suite has its own HVAC
- Second floor has 2 office suites, each with a reception area and 2 private offices; suites share a common bathroom
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 08070, NJ
12,386
Population
5,802
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
20.7 sq mi
ZIP Area
598
Density / Sq Mi
$74,006
Median Household Income
$49,468
Median Earnings
$1,209
Median Rent
$194,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Two-building office property with three rental suites, paved parking, and recent exterior and interior updates.
Where is this office building located?
The property is located at 2 & 6 Chestnut Street Pennsville, NJ.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Two‑building commercial office property built in 1972 with 3 rental office suites plus a rear building space; Main building includes first‑floor suite (~1,200 SF) with reception, 3 private offices, storage, and private rest room; suite has its own HVAC; Second floor has 2 office suites, each with a reception area and 2 private offices; suites share a common bathroom
